Latest news, breaking stories
Retailers and malls hope to get a lift starting Monday, as many international travelers are able to visit and shop in the U.S. again. Global visitors fueled more than $43.4 billion of shopping in 2019 — or 27% of the total shopping driven by travel and tourism, according to the International Trade Administration. Yet retailers, […]
Continue Reading
Ford will stop manufacturing vehicles in India, shutting down its two large plants there that employ thousands of people. The company said Thursday the changes will cost about $2 billion, including about $600 million in 2021 and $1.2 billion in 2022 and the remainder in the following years. The restructuring actions are the latest under […]
Continue Reading
[The livestream is slated to begin at 8pm EDT. Please refresh the page if you do not see the video player above.] Space company Firefly is aiming to launch its Alpha rocket for the first time on Thursday evening, lifting off from Vandenberg Space Force Base in California. Standing at 95 feet tall, Firefly's Alpha […]
Continue Reading
Ford's August sales of its new vehicles declined by 33.1% from a year earlier in the U.S. due to an ongoing global shortage of semiconductor chips. The Detroit automaker's sales capped off a dismal month of U.S. auto sales, which plummeted to an adjusted selling rate of 13.09 million vehicles last month. That's the worst […]
Continue Reading
"If you are unvaccinated, we would recommend not traveling," CDC Director Walensky said. Walensky also recommended spending time outside over the Labor Day weekend, and to mask up when indoors, especially when in public, to help prevent transmission. CDC director Dr. Rochelle Walensky advised unvaccinated people against traveling over the upcoming Labor Day weekend as […]
Continue Reading
Hurricane Ida made landfall in Louisiana on Sunday as a Category 4 storm with winds of 150 miles per hour, one of the strongest storms to hit the region since Hurricane Katrina. The Hurricane Center warned on Sunday at 11 a.m. ET that life-threatening storm surge of nine feet or more is expected from Burns Point, Louisiana, […]
Continue Reading
Rocket builder United Launch Alliance, the joint venture of Boeing and Lockheed Martin, will require all employees to receive vaccinations against Covid-19 beginning Sept. 1. "The recent increase in cases in our communities and among our teammates is beginning to stress the schedule and negatively impact our ability to meet our commitments to our customers," […]
Continue Reading
Space company Momentus will later this week go public on the Nasdaq, a month after settling charges from the Securities and Exchange Commission that it misled investors. Stable Road Acquisition Corp, a special purpose acquisition company, on Wednesday announced its merger with Momentus was approved by shareholders. The space company has been embattled by delayed […]
Continue Reading
SpaceX adds more subscribers to its Starlink satellite internet service, with Elon Musk's company saying it now serves about 90,000 users around the world. The company gave an update on Starlink's growth in a call with Federal Communications Commission officials on July 29, noting that the service has users in 12 countries currently. Starlink's new […]
Continue Reading
Walmart must pay damages in a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the federal agency said Friday. Marlo Spaeth, a 16-year Walmart employee who has Down syndrome, was fired after the retailer changed her schedule and she struggled to manage the new hours. A jury awarded Spaeth more than $125 […]
Continue Reading